On 30 June 2019, the National Development and Reform Commission and Ministry of Commerce jointly released China's revised nationwide negative list for foreign investment, together with a separate revised list applicable in China's pilot free trade zones (FTZ). The revisions show China continuing its reform and opening-up policy to foreign investment. The two lists are further synchronized, allowing wider foreign participation in sectors including mining, culture, telecoms and transportation. Both lists will take effect 30 July 2019, with each to replace its 2018 predecessor from the effective date.